Renforth Resources Inc.

CNSX:RFR Stock Report

Market Cap: CA$9.3m

Renforth Resources Management

Management criteria checks 3/4

Renforth Resources' CEO is Nicole Brewster, appointed in Apr 2012, has a tenure of 14.25 years. directly owns 1.7% of the company’s shares, worth CA$157.47K. The average tenure of the management team and the board of directors is 14.3 years and 8.7 years respectively.

Key information

Nicole Brewster

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure14.3yrs
CEO ownership1.7%
Management average tenure14.3yrs
Board average tenure8.7yrs

Recent management updates

Recent updates

New Narrative • Jun 17

The Strategic Arbitrage at Parbec: Why Renforth Holds the Cards

Investment Thesis : Renforth Resources represents a highly asymmetric structural M&A play in the infrastructure-dense Abitibi Greenstone Belt. The core narrative relies on a critical operational bottleneck faced by regional major Agnico Eagle, juxtaposed against Renforth’s aggressive independent path to near-term monetization.

CEO Compensation Analysis

How has Nicole Brewster's remuneration changed compared to Renforth Resources's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2025n/an/a

-CA$888k

Sep 30 2025n/an/a

-CA$764k

Jun 30 2025n/an/a

-CA$888k

Mar 31 2025n/an/a

-CA$839k

Dec 31 2024CA$120kCA$120k

-CA$835k

Sep 30 2024n/an/a

-CA$2m

Jun 30 2024n/an/a

-CA$2m

Mar 31 2024n/an/a

-CA$3m

Dec 31 2023CA$120kCA$120k

-CA$2m

Sep 30 2023n/an/a

-CA$2m

Jun 30 2023n/an/a

-CA$2m

Mar 31 2023n/an/a

-CA$3m

Dec 31 2022CA$120kCA$120k

-CA$4m

Sep 30 2022n/an/a

-CA$4m

Jun 30 2022n/an/a

-CA$4m

Mar 31 2022n/an/a

-CA$5m

Dec 31 2021CA$192kCA$120k

-CA$3m

Sep 30 2021n/an/a

-CA$4m

Jun 30 2021n/an/a

CA$255k

Mar 31 2021n/an/a

CA$2m

Dec 31 2020CA$130kCA$120k

CA$1m

Sep 30 2020n/an/a

CA$3m

Jun 30 2020n/an/a

-CA$794k

Mar 31 2020n/an/a

-CA$692k

Dec 31 2019CA$129kCA$120k

-CA$480k

Compensation vs Market: Insufficient data to establish whether Nicole's total compensation is reasonable compared to companies of similar size in the Canadian market.

Compensation vs Earnings: Nicole's compensation has been consistent with company performance over the past year.

CEO

Nicole Brewster

14.3yrs
Tenure
CA$120,000
Compensation

Ms. Nicole Brewster has been the Chief Executive Officer and President at Renforth Resources Inc., since April 10, 2012. Ms. Brewster served as Secretary of Cadillac Ventures Inc. Ms. Brewster has many yea...

Leadership Team

NamePositionTenureCompensationOwnership
Nicole Brewster
President14.3yrsCA$120.00k1.7%
CA$ 157.5k
Kyle Appleby
Chief Financial Officer19.4yrsCA$60.00kno data
Martin Demers
VP of Exploration1.1yrsno datano data
14.3yrs
Average Tenure

Experienced Management: RFR's management team is seasoned and experienced (14.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Nicole Brewster
President14.3yrsCA$120.00k1.7%
CA$ 157.5k
Aline Leclerc
Independent Director4.7yrsno datano data
Wally Rudensky
Independent Director14.3yrsno datano data
Khristinn Leitch
Independent Director5.8yrsno datano data
John Webster
Independent Director11.7yrsno datano data
Warren Smulowitz
Independent Director2.5yrsno data0.0022%
CA$ 199.6
8.7yrs
Average Tenure

Experienced Board: RFR's board of directors are considered experienced (8.7 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/02 01:16
End of Day Share Price 2026/06/30 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Renforth Resources Inc. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Steven RalstonZacks Small-Cap Research